Introduction | SILVER:XAG and GOLD:XAU Let’s start from what we know so far. Gold:XAUUSD has been devaluated by approximately 42% since 2011’s all times highs 1.920 level and Silver:XAGUSD has been devaluated by almost 73% respectively from 2011’s all times high 49.780 level. Plain and simple Gold has lost almost half of its value while […]

Short term Elliott Wave cycle suggests decline to 86.35 ended wave 3. From this level, pair has started wave 4 bounce in 3 swing towards 87.3 – 87.75 before the decline resumes. As far as wave ((iv)) pivot at 88.9 stays intact, expect sellers to appear from the above area and pair to resume lower once wave 4 […]

Spain’s political environment post Sunday’s National Elections has been downgraded to unstable as it was forecasted prior to the 20th of December Elections day. The political scheme now in Spain is consider fragile and it seems it is closing towards the same path as Greece and Portugal, that is into political destabilization. Our pre-elections analysis, covering the Spanish topic in brief, EURUSD in light […]

Short term Elliott Wave cycle suggests decline to 86.35 ended wave 3. From this level, pair has started wave 4 bounce in 3 swing and ideally reach 87.6 – 88 area before the decline resumes. As far as wave ((iv)) pivot at 88.9 stays intact, pair is expected to resume lower once wave 4 bounce is complete. […]